The Hate Triangle: Elon Musk’s Twitter, FTC Chair Linda Khan, And The House Republicans

Twitter is currently embroiled in a legal battle with the Federal Trade Commission (FTC), with allegations of biased enforcement practices and burdensome investigations. The company has sought to terminate an FTC order that imposed restrictions on its data security practices. Meanwhile, FTC Chair Lina Khan faces criticism from Republicans who accuse her of mismanaging the […]

Hollywood on Pause: Major Actors’ Union Goes on Strike, Disrupting Film and TV Industry

The American entertainment industry faced a substantial setback on Friday, as 65,000 actors represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) went on strike after failed negotiations with motion picture studios. The latest development marks the first industry-wide work stoppage by the labor group since 1980, and it coincides with […]

SEC Vs. Ripple: Judge Rules XRP Is Not A Security… Except When It Is

In a significant development, Ripple Labs emerged partially victorious in the long-standing legal battle against the U.S. Securities and Exchange Commission (SEC). The ruling by Judge Analisa Torres in the United States District Court for the Southern District of New York addressed the status of Ripple’s digital asset, XRP, as a security. According to court […]

June Sees Slower Home Sales Growth Amid Bank of Canada’s Rate Hikes

In June, Canadian home sales experienced a 1.5% month-over-month increase as more properties were put up for sale, according to latest data from the Canadian Real Estate Association (CREA). However, this growth rate was slower compared to the rises recorded in April and May, possibly due to the Bank of Canada resuming its interest rate […]

Binance Sheds Over 1,000 Jobs Amid Mounting Regulatory Pressure

Binance is reportedly downsizing its workforce in the wake of mounting regulatory scrutiny and legal issues, both within the US and globally. According to the Wall Street Journal, which cited people familiar with the matter, recent firings have surpassed 1,000 employees, with signs suggesting that Binance might lose over a third of its staff in […]

Coinbase Rallies Off Back Of XRP Decision By Courts

On July 13, in a ruling befitting the unpredictable and unquantifiable world of cryptocurrency, Judge Analisa Torres of the U.S. District Court of the Southern District of New York, issued a Solomonic, split-the-baby ruling in a case involving Ripple Labs’ XRP cryptocurrency token.  The net effect of the federal judge’s ruling was a victory for […]

Study Exposes Shipping Firms’ Role in Rising Costs As Port Workers Strike Continues

The strike by port workers in Vancouver has led to significant disruptions in business operations and raised concerns about delayed shipments. In light of these developments, a recent study has shed light on the real causes behind rising costs in the industry, contradicting the notion that labor is solely responsible. Economist Jim Stanford, director of […]